Trust Tells Justices Beneficiary's Residency No Basis For Tax

By Maria Koklanaris · March 19, 2019, 7:48 PM EDT

North Carolina's taxation of a trust where the settlor and trustee are in New York and the only connection to the state is that a beneficiary lived there violates the due...

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Case Information

Case Title

North Carolina Department of Revenue, Petitioner v. The Kimberly Rice Kaestner 1992 Family Trust

Case Number

18-457

Court

Supreme Court

Nature of Suit

Date Filed

October 11, 2018